March 12th, 2007
The Chinese government is to offer online poker to the country’s young adults alongside foreign investors, it has been revealed.
The Communist Youth League, a wing of the ruling Communist Party, will introduce the measures which are being seen as the first sign that China is thawing its hardened anti-gambling stance.
However, there remain conflicts between investors and authorities regarding the provision and marketing of potential prize money, the Financial Times reports.
Chinese business Foundation will provide the investment for the venture, but a degree of uncertainty still surrounds the scheme, with officials reportedly moving to deny that the initiative signalled a change of heart from the authorities.
“This is not a gambling exercise,” said Foundation chairman Teddy Cheng, speaking to the Financial Times.
But Mr Cheng added that the move did suggest a slight alteration in the governmental viewpoint.
“I think the government is starting to relax a little bit,” he commented.
Currently the only part of China in which gambling is legal is Macau, which last year took almost $7 billion in gaming revenue.
Posted in News | Comments Off
March 12th, 2007
Online poker is flourishing in South Africa despite having been made illegal in 2004, it has been reported.
The National Gambling Act passed three years ago effectively ruled out the possibility of playing online in the country, but the commitment of a number of internet operators has resulted in poker becoming increasingly popular.
South African online casinos are freely accessible, while entrepreneurial students have set up their own sites that encourage low-level group games among friends, the South African Sunday Times newspaper reports.
“We set up the site so poker fans could talk about the game and organise their own events,” founder Carl Crous told the paper.
Elsewhere governmental moves that would potentially see online gambling regulated rather than prohibited have been approved by the cabinet.
“[Poker has] always been regarded as a respectable and highly skilled game,” South African National Responsible Gambling Programme (NGRP) executive director Peter Collins told the Sunday Times.
Last month it was revealed that UK gambling figures had travelled to South Africa to see an effectively monitored betting system in operation.
Posted in Poker | Comments Off
March 8th, 2007
Senators in Texas are attempting to legalise casino gambling as a way of funding further education in the state, it has been revealed.
The bipartisan proposal will be put forward by Republican John Carona of Dallas and Democrat Rodney Ellis of Houston, the Associated Press has reported.
More details are expected to be revealed shortly, but it is understood that the plan will revolve around a number of high profile resorts across Texas as well as slot machines at racetracks.
A survey of a handful of Texans found some to be in favour of the proposed scheme.
“I think it would be great. I just turned 21, so it would be a lot of fun. I wouldn’t have to drive to Louisiana to gamble,” said Megan O’Sullivan, speaking to CBS 42 reporters.
The popularity of gambling within Texas was emphasised by this week’s Mega Millions lottery, which saw as many as 26,000 tickets a minute being sold in the state.
Posted in Casino | Comments Off
March 8th, 2007
An amateur poker player has won the fifth annual World Poker Tour (WPT) invitational event in Los Angeles, coming through the ranks to triumph in a field that featured numerous celebrity competitors.
The likes of James Woods, Mena Suvari, Jon Favreau, Hank Azaria and Vince Vaughn all took part in the event, but it was amateur Adam Weinraub who eventually walked away with $100,000.
Weinraub continued his admirable philanthropy, which had begun when he successfully bid for a seat at the event at an auction to benefit the Susan G Komen foundation, by donating a further $20,000 to the cause and promising to add 20 per cent of his winnings at the WPT World Championship, an event for which he now qualifies.
The final table was of great interest to observers as it featured two Hollywood faces in the shape of The Notebook director, and son of famous director John, Nick Cassavetes, as well as 24 star Glenn Morshower.
Paris and Nicky Hilton also played at the event, which eventually saw poker pro John Cernuto lose out to Weinraub in the final hands.
Posted in Poker Tournaments | Comments Off
March 7th, 2007
Harley Davidson has announced the release of its latest product, aimed at bikers or even wannabe-bikers interested in the latest poker innovations.
The firm has released details of its own brand of poker table, a lavish offering that comes complete with the famous bike logo as well as the Harley Eagle itelf.
The wooden and leather table comes with four similarly-designed height-adjustable chairs, as well as brass-plated medallions. But the catch comes with the price – coming in at around $5,000, the table is set to become the ultimate in either luxury purchases or overpriced novelties, depending on players’ point of view.
Harley Davidson regularly runs a number of poker run events, which involve riders racing around for several kilometres, only stopping to pick up the cards which will make up their hands, with the best hand at the finish line winning the event.
Players looking for a more relaxing way to play, or those with far too much money on their hands, will no doubt cast their eye over the new table.
Posted in Poker | Comments Off
March 7th, 2007
JC Tran is heading the race to become the 2007 Poker Player of the Year following a string of impressive performances during the first two months of the year.
PokerNews has reported that Tran enters March at the top of the pile having overtaken previous frontrunner John Hennigan.
Tran’s performances at event such as the LA Poker Classic, where he came home in second place for the second successive year, have pushed him to the top of the leaderboard.
Hot on his heels is the Poker Classic winner, Eric Hershler, who triumphed at what was his first ever live tournament to become an instant millionaire. Hershler joins Hennigan in second place.
Tran first came to international prominence in 2004 when he finished fifth at the World Poker Finals at Foxwoods. That year he also made two final tables at the WSOP. Notable victories for the player from Sacramento include last year’s World Championship of Online Poker event, from which he took away $670,000.
Posted in Poker Tournaments | Comments Off
March 6th, 2007
World Series of Poker commissioner Jeffrey Pollack has said that the schedule for the forthcoming 2007 event “reflects the best interests” of all involved, and emphasised the way in which the event was adapting to keep up with player and spectator demands.
In an interview with CasinoCityTimes, Mr Pollack outlined his numerous ideas for the tournament, several of which are now set to be implemented at the 2007 event.
A new $50,000 Horse tournament will feature this year, along with improved facilities for those attending. Relaxed advertising rules mean players can now promote casinos and venues of their choice on their clothing while playing.
Last year the WSOP banned all advertising in a climate of uncertainty for online gambling, but now online gaming can be promoted again – providing it is not directed at US players.
Players, dealers and sponsors were interviewed as a way of preparing for this year’s event, Mr Pollack told CasinoCity.
“By a three-to-one margin, the surveys indicated that the game of choice was No-Limit Hold’em. We have very full palette of games and choices and no matter what the survey said—we were going to take into account the wishes of the players,” the commissioner revealed.
But no announcement was made over prize money, which in 2006 stood at $12 million for eventual winner Jamie Gold.
Posted in Poker Tournaments | Comments Off
March 5th, 2007
World Poker Tour (WPT) host Vince van Patten has moved on from simply observing the action to creating it himself with the publication of a new murder mystery novel.
The Picasso Flop, marketed as the first Texas Hold’Em mystery, focuses on a poker tournament held at Las Vegas’ Bellagio casino, and leads the reader through a web of confusion following two murders that take place during the event.
Written in conjunction with Robert J Randisi, the novel also features a number of real-life names and characters, along with a cameo appearance from WPT co-host Mike Sexton.
However, initial reviews of the innovative new poker product have been mixed, with book reviews criticising the book’s poor plotting and numerous flaws while simultaneously praising its concept and page-turning style.
Van Patten himself was once highly skilled in another sport, having played professional tennis in the 1970s and 80s, with a defeat of John McEnroe perhaps his finest hour.
Posted in Poker | Comments Off
February 28th, 2007
Day three of the LA Poker Classic saw the remaining 152 players fall to 54 by the end of the day’s play, as a number of big names departed.
Of the starting field of 791, numerous famous faces had already come and gone on days one and two, including Mike Matusow, Kathy Liebert and Phil Laak.
A separate bet saw Joe Sebok and Gavin Smith agree that the first player to exit would get the other’s initials tattooed on their posterior. Smith lost the contest but it is unclear if he has yet gone under the needle.
The more conventional cash-based play on day three culminated in Bill Edler leading the pack with a chip stack worth $696,000. Jason Strasser is not far behind on $677,000, with a host of other players also sitting on at least half a million dollars.
As ever, the worst position was that of bubble boy, with Jimmy Sachindis being the last player to exit before prize money kicked in. The top 54 are all guaranteed at least $22,780, but most will be looking for rather more as day four gets underway.
Posted in Poker Tournaments | Comments Off
February 26th, 2007
New proposals due to go before the US Senate within the next few weeks could see an influx of tourists into popular American destinations such as Las Vegas, it has been suggested.
The proposals centre on a suggested change to the Visa Waiver Program, which would increase the number of nations for whom it is easier to enter the US due to an absence of stringent visa requirements.
The move would be welcomed by the Las Vegas casino industry as, despite posting large profits for 2006, is now finding Macau to be a strong rival for its status as gambling capital of the world.
Avoiding lengthy interviews and paperwork would be of benefit to both the tourist industry and the tourists themselves, according to an MGM Mirage spokesman.
“All they want to do is come here and spend money. For that we are putting them through an interrogation. An interrogation that, I might add, no American would put up with,” said Alan Feldman, according to the Las Vegas Gaming Wire.
Posted in General | Comments Off